Credit: Valentin Brajon

Later this summer, the Environmental Protection Agency (“EPA”) will institute more stringent, recalibrated Energy Star certification metrics in an attempt to reflect current market conditions. As a result of this recalibration, Energy Star scores are expected to drop an average of 10 points for office buildings and 16 points for retail buildings.

If maintaining your current Energy Star score is a priority, the EPA recommends that you apply for your building’s 2018 Energy Star certification no later than July 26, 2018. To accommodate as many applications as possible before the more stringent metrics kick in, the EPA will not enforce its typical 11-month waiting period between applications during this application cycle.  As a result, all buildings that earned a 2017 Energy Star certification will be eligible to earn a 2018 Energy Star certification before the deadline this summer.  Applications submitted after July 26, 2018 may be evaluated with the updated metrics, especially if extensive follow-up is required, and applications submitted after August 26, 2018 will definitely be evaluated with the recalibrated metrics.

For more information about Energy Star and this summer’s updates, please visit https://www.energystar.gov.

In our April Client Alert, we reported on a possible breakthrough in construction defect reform legislation, which had passed the House and was moving to the Senate.  The Colorado Senate has now unanimously approved House Bill 1279, and sent it to Governor Hickenlooper, who is expected to sign the bill.  HB 1279 was one of six bills introduced this year in an effort to address the dearth of condominium construction in Denver.  It is the only bill to reach the Governor’s desk, and the first bill in four years of effort to make substantive changes to the existing construction defect law in Colorado.

Colorado’s growing high-tech scene is currently driving the office leasing activities in metro Denver.  According to CBRE’s Colorado Tech Book 2016, high-tech companies leased 1.1 million square feet of office space, or 16.5% of the total leased space, in metro Denver last year, making it the largest industry represented in the market. Overall, technology firms are leasing approximately 9.8 million square feet in metro Denver and 15.5 million square feet in Colorado.

Continue Reading High-Tech Companies Continue to Lease Office Space in Denver

While negotiations on construction defect legislation reform came to a halt in the Colorado Legislature last Thursday, a package of three bills aimed at increasing affordable housing in Colorado moved forward at the State Capital on May 5, 2016. Continue Reading Affordable Housing Legislation Advances at State Capital

Last week, the negotiations for a construction defects reform package fell apart, making it extremely unlikely that Colorado would see any state action on the issue this year – the fourth time such attempts at legislation have failed. Immediately after that failure, Senate Bill 213 was introduced, which would establish a ten-person study group appointed by State leaders. Continue Reading Mejor que Nada? Construction-Defect “Study Group” May Get Legislative Sanction